Landlords

Do you take deposits from Tenants?

  • Do you use Assured Shorthold Tenancy (AST) agreementswhat's this? for your tenants?
  • Do you take a Depositwhat's this? from your tenants?
  • Does the Tenancy Agreementwhat's this? start on or after 6th April 2007?
  • Is the property in England or Wales?

If you answer YES to all of these questions, your Tenant's deposit must be protected by a government-approved tenancy deposit scheme, such as mydeposits.

There are two types of Tenancy Deposit Protection scheme:

What serves your best interests?

Option 1

Option 2
  • An insurance-based scheme specifically designed to enable landlords and agents to hold deposits themselves.
x
  • A custodial scheme requiring the landlord to hand over the deposit to the scheme administrator.
x

If you wish to hold tenancy deposits, join the mydeposits scheme

 

Copyright © Tenancy Deposit Solutions Ltd trading as mydeposits
(company registered in England no. 05861648)
registered office address: 3rd floor, Kingmaker House, Station Road, New Barnet, Hertfordshire, EN5 1NZ

mydeposits is a trading name of Tenancy Deposit Solutions Ltd, an appointed representative of HFIS plc who are authorised and regulated by the Financial Services Authority.